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The following financial information is available for Sheffield Corporation (in millions) 2022 2021 $2,500 $2,750 Average common stockholders' equity Dividends declared for common stockholders Dividends

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The following financial information is available for Sheffield Corporation (in millions) 2022 2021 $2,500 $2,750 Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 350 605 55 55 500 550 Calculate the payout ratio and return on common stockholders equity for 2022 and 2021. (Round answers to 1 decimal place 2022 2021 Payout ratio 0.8 1 Return on common stockholders' equity 0.2 %

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